Richard's Remarks

Those who have read Barton Biggs' great book, Wealth, War and Wisdom, have learned all about the stock market's uncanny ability to divine or forecast the future.

Now I want to bring that thesis into the present. I hear daily about the horrendous circumstances that the US faces -- rising interest rates, hyperinflation, debt disaster, deflation, war in the Ukraine, war is Gaza, fading GDP, unemployment, Millennials moving back with their parents. And this is only a partial listing of potential troubles.

I've been thinking long and hard about our so-called dangerous future, and my conclusion is that the stock market knows all our frightening future and more -- but the stock market in its uncanny wisdom is telling us that everything will be fine, and for the foreseeable future there's nothing to worry about.

And I ask, "How is that possible?" The stock market offers no explanation, it simply goes its own way.

The ... Log in or subscribe to continue reading.

Premium Content Notification

A subscription is necessary to access premium content.

Please use the button below to subscribe in order to access all premium articles

Log-in

Uh oh! Looks like you have JavaScript disabled. To use all of this site's features you must enable JavaScript! This is just a friendly warning =)

Trial Subscription Sign-up!

Enter your email address below to sign up for a 90-day trial of Dow Theory Letters for only $68!

All information is confidential.

Email address

A Big Thank You

To all our subscribers and partners, we would like to say thank you for your loyal support through the years. We will continue to do everything we can to maximize your experience and enjoyment of our site. If you have any suggestions or would like to provide feedback, please click on the "Contact Us" link to the right.